4//SEC Filing
Hilltop Securities Holdings LLC 4
Accession 0000950103-15-000010
CIK 0000878520operating
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 1:12 PM ET
Size
17.7 KB
Accession
0000950103-15-000010
Insider Transaction Report
Form 4
LELAND DANIEL
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock $.10 Par Value
2015-01-01−100,910→ 16,461 total - Disposition to Issuer
Common Stock $.10 Par Value
2015-01-01−40,000→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock $.10 Par Value
2015-01-01−16,461→ 0 total
Footnotes (2)
- [F1]As of the effective time (the "Effective Time") of the transactions contemplated by the Agreement and Plan of Merger by and among the Issuer, Hilltop Holdings Inc. ("Hilltop"), and Peruna LLC, dated as of March 31, 2014 (the "Merger Agreement"), pursuant to the terms of the Merger Agreement, each share of the Issuer's common stock held by the reporting person (other than any restricted share of the Issuer's common stock granted to the reporting person following the date of the Merger Agreement) that was outstanding as of immediately prior to the Effective Time was converted into the right to receive (a) 0.2496 shares of Hilltop common stock and (b) $1.94 in cash, without interest.
- [F2]As of the Effective Time, pursuant to the terms of the Merger Agreement, each restricted share of the Issuer's common stock granted to the reporting person following the date of the Merger Agreement was converted into the right to receive 0.3465 restricted shares of Hilltop common stock. Following the Effective Time, such restricted shares will continue to vest in accordance with their original schedules and will vest (i) in full upon (x) termination of employment by the employer without "cause" or (y) a change of control event (other than the consummation of the transactions contemplated by the Merger Agreement) and (ii) on a pro-rated basis upon termination of employment due to the reporting person's death or disability.
Issuer
Hilltop Securities Holdings LLC
CIK 0000878520
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000878520
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 1:12 PM ET
- Size
- 17.7 KB